Problem
1. If neither buyers nor sellers could distinguish between "lemons" and "cherries" in the used-car market, what would you expect to be the mix of lemons and cherries for sale?
2. Automobile insurance companies charge lower rates to married individuals than they do to unmarried individuals. What economic reason is there for such a practice? Is it fair?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.